Keysight (NYSE: KEYS) director granted 870 RSU-based shares in equity plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HAMADA RICHARD P reported acquisition or exercise transactions in this Form 4 filing.
Keysight Technologies, Inc. director Richard P. Hamada reported receiving 870 shares of common stock as a grant or award. These shares represent common stock underlying restricted stock units granted under the 2014 Equity and Incentive Compensation Plan, and the RSUs vested immediately. Following this award, he directly holds 43,030.266 shares of Keysight common stock, indicating this was a compensation-related equity grant rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HAMADA RICHARD P
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 870 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 43,030.266 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did KEYS director Richard P. Hamada report?
Richard P. Hamada reported receiving 870 shares of Keysight common stock as a grant. The award was made in the form of restricted stock units that converted into common shares, increasing his direct holdings to 43,030.266 shares after the transaction.
Was the KEYS insider transaction an open-market buy or a stock award?
The transaction was a stock award, not an open-market purchase. Hamada received 870 shares at a stated price of $0.00 per share through restricted stock units granted under Keysight’s 2014 Equity and Incentive Compensation Plan that vested immediately.
What plan governed the restricted stock units in this KEYS Form 4 filing?
The restricted stock units were granted under Keysight’s 2014 Equity and Incentive Compensation Plan. The footnote explains that the RSUs converted into common stock and vested immediately, turning into 870 shares of Keysight common stock for director Richard P. Hamada.